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Velocity International. Forest Hills High School 6701 110 th St. Forest Hills, NY 11375 www.vinyc.net. NEW YORK CITY BUSINESS PLAN COMPETITION 2012-2013. STATEMENT OF PURPOSE. To educate current and potential investors on Velocity International’s goals, and our ability to meet them.
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Velocity International Forest Hills High School 6701 110th St. Forest Hills, NY 11375 www.vinyc.net NEW YORK CITY BUSINESS PLAN COMPETITION 2012-2013
STATEMENT OF PURPOSE • To educate current and potential investors on Velocity International’s goals, and our ability to meet them.
MISSION STATEMENT • Healthy Lifestyle • To promote outdoor active participation and a healthy lifestyle by providing outdoor enthusiasts with eco-friendly and high quality goods at reasonable prices. • Reasonable Price • Quality Goods
INDUSTRY ANALYSIS* * Based on the information from NSGA ** Numbers presented in millions sold
COMPETITIVE ANALYSIS • Direct • Indirect
MARKET SEGMENTATION GEOGRAPHIC DEMOGRAPHIC PSYCHOGRAPHIC
VI MARKET SEGMENTATION Geographic • International • North America • South America • Asia • Europe • Australia
MARKET SEGMENTATION Demographic • Ages 15-40 • United States • Trade Fair Attendees • VE Employees VI
MARKET SEGMENTATION Psychographic • Environmentally Conscious • (Go Green) • Health Conscious • Adventurous • Athletic VI
MARKETING MIX PRODUCTS • Bikes • Snowboards • Skateboards • Inline Skates • Surfboards • Accessories
MARKETING MIX PRICE • Products range from $3.00 for simple accessories to even $10,000 in luxury sport goods
MARKETING MIX PROMOTION • Flyers • Newsletter & Magazines • Trade Fair • Website • Direct Mail and E-Mail
MARKETING MIX POSITIONING • Leader in Extreme Sports Goods • A company that supports its local community
MARKETING MIX PLACEMENT
BREAKEVEN ANALYSIS * Number of Units based on $360 per unit sold
PLANNING SHORT TERM GOALS
PLANNING LONG TERM GOALS
COMPANY ORGANIZATION • CEOAanchalSomani • CFOMeijing Yang • COOShivrajBhoj • CMO Brian Fontes • CTODaniel Nowicki • Accounting, V.P. Anita Levine • Financial Reporting, V.P. Prachi Jain • Administration, V.P. Jamie Cheng • Human Resources, V.P. Samantha Vasquez • Sales V.P. Ana Arias • Gonzalez • Market Research V.P. Alexis Weisman • Help Desk V.P. • Eli Bobick • Web Design V.P. • Jake Schwabinger
DIRECTING & CONTROLLING • Online Forum • Weekly Company Meetings • E-Mail • Brand New Server
SWOT ANALYSIS S W Strengths Weaknesses Opportunities Threats O T
SWOT ANALYSIS S W Strengths O T • Highly Qualified Employees • Brand New Server • Excellent Communication • Website with Shopping Cart
SWOT ANALYSIS S W Weaknesses O T • Yearly Staff Turnover • High Payroll Expense
SWOT ANALYSIS S W Opportunities O T • NYC Trade Fairs • California Trade Fairs • Fully Functional Website • No Direct Competition Locally • National and NYC Implementation of Bike Lanes • The desire for Green Products
SWOT ANALYSIS S W Threats O T • Current Economic Slowdown • Competitors in VE Network • Accounts Receivables • Hurricane Sandy
BUSINESS RISKS • Turbulent United States Economy Accounts Receivables • Achieving Projected Sales